15:38:50 EDT Wed 08 May 2024
Enter Symbol
or Name
USA
CA



Spot Coffee (Canada) Ltd
Symbol SPP
Shares Issued 162,500,270
Close 2023-08-08 C$ 0.05
Market Cap C$ 8,125,014
Recent Sedar Documents

Spot Coffee lists on OTCQB, achieves DTC eligibility

2023-08-09 13:11 ET - News Release

Mr. Anton Ayoub reports

SPOT COFFEE ANNOUNCES SUCCESSFUL LISTING ON OTCQB

Spot Coffee (Canada) Ltd. has completed its cross-listing onto the OTCQB stock exchange in the United States and achieved full Depository Trust Company (DTC) eligibility, which will allow American investors to clear and settle their trades domestically. Spot is now trading on both the OTCQB and the TSX Venture Exchange. This concludes an important phase that the company initiated to capitalize on the benefits of being listed on a mid-tier exchange in the United States. As a verified market with broad accessibility, the OTCQB helps companies build shareholder value and achieve fair valuation by enhancing liquidity.

The OTCQB offers companies with public listings in countries other than the United States the advantage of being publicly traded in America. The streamlined market standards of the OTCQB also enable growing companies like Spot to provide a strong baseline of transparency and the opportunity to efficiently engage many American investors.

  • Multiple OTCQB reporting standards provide investors with a reliable premium market for their securities.
  • Convenient trading for American investors through their preferred broker or financial adviser with real-time quotes and trusted disclosure.

Spot's management will continue to provide detailed updates on the continuing execution of its growth plan in the coming weeks.

About Spot Coffee (Canada) Ltd.

Spot Coffee has been designing, building and operating company-owned and franchise community cafes in the northeastern United States for over 25 years. Spot's cafes provide their customers with the highest-quality service, signature made-to-order meals and award-winning microroasted coffee. Each Spot cafe is distinctively designed to suit the local neighbourhood, creating a warm and friendly gathering place for the community. Spot's commercial business focuses on the sale of roasted coffee beans to food service and grocery chains, business offices, and the university and hospital food concession sector.

We seek Safe Harbor.

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